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Was Karl Marx Right?

marx economy politics capitalism

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#1 Turk.

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Posted 31 March 2014 - 12:16

March 30, 2014 8:03 PM
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For Karl Marx’s birthday last year, his hometown of Trier, Germany, displayed 500 figures by Ottmar Hoerl. Thomas Wieck/Agence France-Presse-Getty Images

In the golden, post-war years of Western economic growth, the comfortable living standard of the working class and the economy’s overall stability made the best case for the value of capitalism and the fraudulence of Marx’s critical view of it. But in more recent years many of the forces that Marx said would lead to capitalism’s demise – the concentration and globalization of wealth, the permanence of unemployment, the lowering of wages – have become real, and troubling, once again.

The fall of communism discredited Marx’s political vision. But, as observers have wondered before, is his view of our economic future being validated?
Source




#2 +zhiVago

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Posted 31 March 2014 - 13:35

Was Marx right?

 

Yes, he was. No one has disproved his theory yet.



#3 Star-Pirate

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Posted 31 March 2014 - 13:44

And the funny thing is he came up with some of his ideas for Communism in a pub in Manchester, UK... (The Crescent in Salford).



#4 +Nik L

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Posted 31 March 2014 - 13:57

Communism isn't a flawed idea.  It's a great idea.

 

The assumptions of human nature, upon which it is based are hugely flawed.



#5 Titoist

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Posted 31 March 2014 - 14:12

Communism is a great idea... too bad human nature and instinct is to hoard everything we come across and to be the strongest in our community.



#6 +Nik L

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Posted 31 March 2014 - 14:14

However, could it not then be argued that any such model that is put forward, and based upon such inherently false assumptions of human behavior must also be either very naive or just wrong?



#7 Jason Stillion

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Posted 31 March 2014 - 14:25

The social model can work, however, as stated above, human nature prevents realization of those models.

 

Corruption and abuse of the systems be it Capitalism, Socialism, Communism, break aspect of it down and make it non-functional.

 

If you look at the United States.

 

We have a capitalist (mostly) economic system, socialistic K-12 school system, and a mix of things related to government. 

 

China, if you look it at it, is starting to more to a capitalism economic system, with the government starting to show signs of move from a Communist to more socialist aspects.



#8 Tomo

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Posted 31 March 2014 - 14:25

Communism works however human nature is mostly incompatible with it.



#9 +Nik L

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Posted 31 March 2014 - 14:29

As such, it does not work?  The model is flawed if the subject of the model (humans) are incompatible.



#10 Matthew_Thepc

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Posted 31 March 2014 - 14:32

As such, it does not work?  The model is flawed if the subject of the model (humans) are incompatible.

 

I guess that depends on how you define a flawed model. If you're thinking of communism as a model that's supposed to apply to the real world, then yes, I'd say it's flawed, in the sense that any theory of that sort that fails in practice is flawed in theory.



#11 +Nik L

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Posted 31 March 2014 - 14:35

I guess that depends on how you define a flawed model. If you're thinking of communism as a model that's supposed to apply to the real world, then yes, I'd say it's flawed, in the sense that any theory of that sort that fails in practice is flawed in theory.

 

Agreed, a theory can be perfectly sound.  But if the subject of the theory doesn't act the way the theory wants, then it's useless.



#12 Deleted Bye

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Posted 31 March 2014 - 14:40

Was Marx right?

 

Yes, he was. No one has disproved his theory yet.

just like religion, the burden of proof is upon the the person presenting the claim.



#13 +Nik L

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Posted 31 March 2014 - 14:43

I was thinking "Does not proved wrong equate to right?"  It does not



#14 LaP

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Posted 31 March 2014 - 15:02

I might be wrong but I don't think the article is about Marx being right about communism but him being right about capitalism. There's something in between those 2 systems. I slightly tend to agree with this. I think the current model cannot be sustained forever. People in countries like China and India wont likely accept to be "exploited" forever. We will surely find other countries but in the long run we play a dangerous game. The current system would require some reforms to give less power to big multinational corporations and enterprises. We are curently in the process of creating unstoppable juggernauts.



#15 Cocoliso

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Posted 31 March 2014 - 15:06

The theory sounds OK but the issue that all current and past "implementations" were just a different side of the same coin. It was just actually an extreme version of capitalism . Just a small group of people gets richer and richer while the majority lives like ######.